GIMV has acquired, through its Dutch subsidiary Halder, a majority shareholding in Prolyte, the European market leader in movable aluminium constructions for the entertainment and exhibition industry. Prolyte was owned by the managers and founders of Prolyte, who will retain a substantial stake after the takeover. No further financial details have been disclosed.
Raidlight and Vertical were since 2016 owned by Rossignol Group, a French winter sports group, which is owned by PE firm Altor
Company's founders Rodolphe and Edouard Carle will retain a minority stake in the business
Microwave components producer was acquired from its parent company Meyer Burger Technology
GP reportedly pays €1bn for the two stakes in the parcel delivery firm